After Red Apple, they aspire to Togg! Million dollar move

Petlas, which also produces aircraft tires used in Bayraktar TB2, Bayraktar TB3, Akıncı and Bayraktar Kızılelma, took action for a new factory investment of 360 million dollars. The company is also in talks with Togg.

According to the news in the Evening Newspaper, Petlas, which operates under the AKO Group, whose foundations were laid by Abdülkadir Özcan in 1955, is preparing for a new factory investment of 360 million dollars in Kırşehir. Petlas General Manager Hakan Solo said, “The current annual production capacity of Petlas is 240 thousand tons, and with the new factory investment, we aim to increase our annual production capacity to 340 thousand tons with an additional 100 thousand tons. Work in this factory investment, which will create employment for 1,850 people, continues at full speed.” He said that they aim to start the construction of the facility, which will be equipped with new generation tire production technologies for passenger cars and light commercial vehicles, in 2023, and to maintain their position as the largest tire factory in Europe under a single roof by completing it by 2025 and 2026.

He wants to be in TOGG

Explaining that domestic aircraft tires produced by Petlas are used in Bayraktar TB2, Bayraktar TB3, Akıncı and Bayraktar Kızılelma projects, Yalnız said that negotiations are continuing for TOGG, Turkey’s domestic automobile, and that they want to take a role at this point. Pointing out that Petlas made an investment of 47 million dollars in 2022, Hakan Soli said, “Since 2005, when Petlas was acquired by AKO, we have invested 630 million dollars in 17 years.”

It will generate its own energy.

Underlining that Petlas’s efforts in the field of sustainability will continue in 2023, Hakan Yalnız said, “We produce clean electricity by making GES on a part of the land where our production facility is located. We plan to produce 60 percent of our total energy consumption ourselves.”

Opening up to new markets

Hakan Solo continued his words as follows: “We have regular exports to 120 countries in 2022. In 2023, we want to enter countries such as Mongolia, Myanmar, Gabon, Zambia, Botswana, where we have never made sales in Asia and Africa before. Argentina, Chile, Brazil. We aim to increase our share in S. American countries such as